Blockbuster Video Activist Presentation Deck
Fernandes: History of Value Destruction or Stagnation
Mr. Fernandes is the longest serving director candidate up for re-election on
the Blockbuster Board, having overseen more destruction in shareholder value
than any other director nominee
Other companies affiliated with Mr. Fernandes have not faired very well
either:
Mr. Fernandes joined the Board of Computer Associates, now CA
Technologies, in May 2003
Since that time, the stock price of CA has shown roughly a 0% return
compared to +40% return for IBM, +181% return for ORCL and +250%
return for HPQ
Per Blockbuster's proxy statement, in November 1998, Fernandes founded
Voyagers The Travel Store Holdings, Inc., a chain of travel agencies, and was
President and sole shareholder of Voyagers. Voyagers filed a petition under
Chapter 7 of the federal bankruptcy laws in October 2001.View entire presentation